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ITC Balance write off from Balance Sheet

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17 June 2025 I have huge ITC in my balance sheet and portal now i want to write off ITC of Rs. 1.5Cr from my book and from GST portal. Can i take income tax benefit .
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 June 2025 Yes, income tax benefit available in case of write off of unutilizable ITC.
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